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SingTel Plans to Push Forward
With Undersea-Cable Projects

SINGAPORE -- Singapore Telecommunications Ltd. will press ahead with two new undersea-cable projects to carry communications traffic, the company said, despite the recent default of its 59.5%-owned C2C Pte. Ltd. Asian cable unit.

SingTel committed to plans for the two new cable networks last year. The roughly US$30 million Thailand-Indonesia-Singapore network is a regional 1,000-kilometer (620-mile) submarine-cable joint project that will land in Songkhla in Thailand, Batam in Indonesia and Changi in Singapore. The larger Southeast...